TopTier Wealth Management LLC Purchases 2,034 Shares of Vanguard Total Stock Market ETF $VTI

TopTier Wealth Management LLC grew its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 20.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,843 shares of the ETF’s stock after purchasing an additional 2,034 shares during the quarter. Vanguard Total Stock Market ETF makes up about 2.7% of TopTier Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding. TopTier Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $4,432,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Cardinal Point Capital Management ULC raised its holdings in Vanguard Total Stock Market ETF by 5.2% during the first quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the ETF’s stock valued at $196,322,000 after acquiring an additional 30,152 shares during the period. Weaver Consulting Group lifted its position in shares of Vanguard Total Stock Market ETF by 14.1% in the third quarter. Weaver Consulting Group now owns 41,562 shares of the ETF’s stock valued at $15,554,000 after acquiring an additional 5,138 shares in the last quarter. Park National Corp OH lifted its position in shares of Vanguard Total Stock Market ETF by 3.0% in the third quarter. Park National Corp OH now owns 51,565 shares of the ETF’s stock valued at $19,298,000 after acquiring an additional 1,478 shares in the last quarter. Horizons Wealth Management bought a new position in shares of Vanguard Total Stock Market ETF in the third quarter worth about $607,000. Finally, Compass Financial Management LLC bought a new position in shares of Vanguard Total Stock Market ETF in the second quarter worth about $2,176,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA:VTI traded down $4.35 during trading on Friday, hitting $374.07. 3,194,962 shares of the company’s stock were exchanged, compared to its average volume of 4,319,518. Vanguard Total Stock Market ETF has a 52-week low of $310.40 and a 52-week high of $385.12. The business’s 50-day simple moving average is $378.39 and its 200 day simple moving average is $366.70. The company has a market cap of $688.96 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

About Vanguard Total Stock Market ETF

Vanguard Total Stock Market ETF (the Fund) is an exchange-traded share class of Vanguard Total Stock Market Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the of the MSCI US Broad Market Index, which represents 99.5% or more of the total market capitalization of all of the United States common stocks traded on the New York and American Stock Exchanges and the Nasdaq over-the-counter market. The Fund typically holds the largest 1,200 to 1,300 stocks in its target index (covering nearly 95% of the index’s total market capitalization) and a representative sample of the remaining stocks.